Bank Memoir

Secrecy World offers a disturbing and sobering view of how the world really works and raises crucial questions about financial and legal institutions we may once have trusted. This audiobook discusses the fragile scaffolding upholding any tax haven, the flexible laws of banking, and the radiating impact of an international financial scandal.

Explorer, naturalist and president of Britain's Royal Society, Sir Joseph Banks was a larger-than-life character best known for his promotion of science. In 1768 Banks joined Captain James Cook's expedition to the South Pacific. The 30,000 specimens he brought back generated enormous interest, as did the sometimes racy written account of the journey, which chronicled his frequent amorous exploits.

Discretion, secrecy, and subtle strategy were the weapons of choice at Wall Street investment bank Lazard Frères & Co. For more than a century, the mystique and reputation of the "Great Men" who worked there allowed the firm to garner unimaginable profits, social cachet, and outsized influence in the halls of power. But in the mid-1980s, their titanic egos started getting in the way, and the Great Men of Lazard jeopardized all they had built.

Stress Test is the story of Tim Geithner’s education in financial crises. As president of the Federal Reserve Bank of New York and then as President Barack Obama’s secretary of the Treasury, Timothy F. Geithner helped the United States navigate the worst financial crisis since the Great Depression, from boom to bust to rescue to recovery.

In March 2021, an obscure financial technology company called Greensill Capital collapsed, going into administration. As it unravelled, a multibillion-dollar scandal emerged that would shake the very foundations of the British political system, drawing in swiss bankers, global CEOs, and world leaders, including former British Prime Minister, David Cameron. At the centre was an Australian financier named Lex Greensill. Pyramid of Lies charts the meteoric rise and spectacular downfall of Greensill and his company.

This account describes how a 28-year-old from Watford, Nick Leeson, plunged Barings Bank into ruin. In 1994, Leeson seemed to be making the company millions of pounds a week, but he explains how the cover-up of a colleague's small error led to the crash of Britain's oldest merchant bank.

Ballad of the Whiskey Robber tells the hilarious and improbable true story of Attila Ambrus, the Robin Hood of Eastern Europe. He's the onetime pelt smugger, goaltender (possibly the worst in the history of pro hockey), pen salesman, Zamboni driver, gravedigger, church painter, roulette addict, building superintendent, whiskey drinker, and native of Transylvania who's decided that the best thing to do with his time is to rob as many banks as possible.

Why were no bankers put in prison after the financial crisis of 2008? Why do CEOs seem to commit wrongdoing with impunity? The problem goes beyond banks deemed "too big to fail" to almost every large corporation in America - to pharmaceutical companies and auto manufacturers and beyond. The Chickenshit Club - an inside reference to prosecutors too scared of failure and too daunted by legal impediments to do their jobs - explains why.

On March 14, 2012, more than three million people read Greg Smith's bombshell op-ed in the New York Times titled Why I Am Leaving Goldman Sachs. The column immediately went viral, became a worldwide trending topic on Twitter, and drew passionate responses from former Fed chairman Paul Volcker, legendary General Electric CEO Jack Welch, and New York City mayor Mike Bloomberg.

Den of Thieves tells, in masterfully reported detail, the full story of the insider-trading scandal that nearly destroyed Wall Street, the men who pulled it off, and the chase that finally brought them to justice. Pulitzer Prize winner James B. Stewart shows for the first time how four of the biggest names on Wall Street - Michael Milken, Ivan Boesky, Martin Siegel, and Dennis Levine - created the greatest insider-trading ring in financial history and almost walked away with billions.

Norco '80 tells the story of how five heavily armed young men - led by an apocalyptic born-again Christian - attempted a bank robbery that turned into one of the most violent criminal events in US history, forever changing the face of American law enforcement. Part action thriller and part courtroom drama, Norco '80 transports the listener back to the Southern California of the 1970s, an era of predatory evangelical gurus, doomsday predictions, megachurches, and soaring crime rates, with the threat of nuclear obliteration looming over it all.

One hot Monday morning in 1976, Albert Spaggiari engineered the European crime of the century. A bank president in Nice, France found his vault welded shut—from the inside. Spaggiari and his gang of 20 men had dug a 25-foot tunnel from the city's sewer system into the bank, where they spent a weekend cooking meals, drinking wine, and clearing millions of dollars in gold, jewelry, gems, and cash. Here is the breathtakingly compelling story of Spaggiari, his “sewer gang,” and the most daring, outrageous theft of the 20th century.

On August 14, 1975, eight daring thieves ransacked 148 massive safe-deposit boxes at a secret bank used by organized crime, La Cosa Nostra, and its associates in Providence, Rhode Island. The crooks fled with duffel bags crammed full of cash, gold, silver, stamps, coins, jewels, and high-end jewelry. The true value of the loot has always been kept secret, partly because it was ill-gotten to begin with, and partly because there was plenty of incentive to keep its true worth out of the limelight.

Federal Agent Robert Mazur spent five years undercover as a money launderer to the international underworld, gaining access to the zenith of a criminal hierarchy safeguarded by a circle of dirty bankers and businessmen who quietly shape power across the globe. These men and women control multibillion-dollar drug-trafficking empires, running their organizations like public companies.

Terry Moogan found himself as a young adult embroiled in a life of crime, hijacking Securicor vans as a means of rebellion. His actions eventually led to his arrest and an 18-year prison sentence, during which he engaged in daredevil escapes. Moogan’s life took a huge turn when, after working as a butler on the Queen Elizabeth II cruise ship, Elizabeth Taylor and Richard Burton took him under their wing.

Tony Banks and his comrades of the 2nd Battalion of the Parachute Regiment were highly trained, but nothing could prepare them for the intensity and ferocity of fighting to liberate the Falkland Islands. Plunged into a war of night attacks and vicious close-quarters combat, Banks and his fellow soldiers' fierce bravery and determination saw them through the bloodiest conflict British troops had faced in decades. Seventeen men died at Goose Green, a hard-fought battle the paras came close to losing.

Banking on It is the firsthand account of one woman's quest to rebuild Britain's broken banking system. After a lengthy career at the top of some of Britain's leading banks, Anne Boden had become disillusioned with the status quo - the financial crash had broken trust in the whole sector, but there seemed to be little appetite to make the most of emerging technologies to revolutionise customer experience. Increasingly frustrated with the inertia within the industry, she decided to shake things up herself by doing something totally radical - setting up her own bank.

Steven Mandis charts the evolution of Goldman Sachs from an ethical standard to a legal one and uncovers the forces behind what he calls Goldman's "organizational drift". Drawing from his firsthand experience; sociological research; analysis of SEC, congressional, and other filings; and a wide array of interviews with former clients, detractors, and current and former partners, Mandis exposes the pressures that forced Goldman to slowly drift away from the very principles on which its reputation was built.

On July 24, 1964, 24-year-old Matthew Kerry Smith disguised himself with a mask and a Beatle wig, hoisted a semi-automatic rifle, then held up a bank in North York, Ontario. The intelligent but troubled son of a businessman and mentally ill mother, Smith was a navy veteran with a young Indigenous wife and a hazy plan for violent revolution.

Chas Smith grew up deeply enmeshed in the evangelical Christian world that grew out of Southern California in the late 1960s. His family included famous missionaries and megachurch pastors, but his cousin Daniel Courson was Grandma’s favorite. Smith looked up to Cousin Danny. He was handsome, adventurous, and smart, earned a degree from Bible college, and settled into a family and a stable career. Needless to say, it was a big surprise when Cousin Danny started robbing banks.